Streetbeat News

PGRE

Paramount Group, Inc.

Industry

REIT - Office

Headquartered in New York City, Paramount Group, Inc. is a fully-integrated real estate investment trust that owns, operates, manages, acquires and redevelops high-quality, Class A office properties located in select central business district submarkets of New York City and San Francisco. Paramount is focused on maximizing the value of its portfolio by leveraging the sought-after locations of its assets and its proven property management capabilities to attract and retain high-quality tenants.

Open

4.72

Mkt cap

Volume

891K

High

4.77

P/E Ratio

-4.80

52-wk high

5.92

Low

4.70

Div yield

0.02

52-wk low

4.21

Paramount Global (PARAA) is highlighted as a stock with strong recent momentum and reasonable pricing, making it attractive for bargain hunters. It has passed the 'Fast-Paced Momentum at a Bargain' screen.

Portfolio Pulse from

November 22, 2024 | 3:00 pm

Paramount Group, Inc. (NYSE: PGRE) has achieved a 5 Star rating in the 2024 GRESB Real Estate Assessment for the sixth consecutive year, earning 'Sector Leader' status in the Office/Americas category.

Portfolio Pulse from

November 18, 2024 | 9:30 pm

Paramount Global-B (PARA) is highlighted as a top momentum stock for long-term investment according to Zacks Style Scores. The article suggests that PARA has strong market-beating potential.

Portfolio Pulse from

November 18, 2024 | 4:00 pm

Paramount Global shareholder Mario Gabelli is requesting the FCC to delay the review of the Skydance-Paramount merger until more financial details are disclosed. Gabelli, who has been critical of the merger, is seeking greater transparency.

Portfolio Pulse from

November 12, 2024 | 11:30 pm

Paramount Global's third-quarter 2024 financial results show a mixed performance, with revenue down. However, analysts remain optimistic about future releases like 'Gladiator II' and 'Sonic 3' potentially boosting the company's performance.

Portfolio Pulse from

November 11, 2024 | 6:30 pm

Paramount Global's Q3 earnings exceeded expectations, but the company experienced a year-over-year decline in revenues. The results highlight challenges in affiliate and content-licensing revenues, despite strong growth in Paramount+ adoption.

Portfolio Pulse from

November 08, 2024 | 6:00 pm

Paramount Co-CEO Chris McCarthy expressed confidence in Paramount+'s ability to remain a standalone service during the third-quarter earnings call, indicating no current need for a strategic partner.

Portfolio Pulse from

November 08, 2024 | 5:15 pm

Paramount Global (NASDAQ:PARA) held its Q3 2024 earnings conference call on November 8, 2024. Key company participants included Jaime Morris, Brian Robbins, Chris McCarthy, George Cheeks, and Naveen Chopra. Analysts from Morgan Stanley, Deutsche Bank, LightShed Partners, Wells Fargo, Guggenheim, and Goldman Sachs participated in the call.

Portfolio Pulse from

November 08, 2024 | 4:45 pm

Paramount Global-B (PARA) released its Q3 earnings, providing insights into its revenue and EPS performance. Investors should consider how these metrics compare to Wall Street estimates and the previous year's figures.

Portfolio Pulse from

November 08, 2024 | 4:00 pm

Paramount Global-B (PARA) reported Q3 earnings of $0.49 per share, surpassing the Zacks Consensus Estimate of $0.24 and last year's $0.30 per share.

Portfolio Pulse from

November 08, 2024 | 2:30 pm

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